KUALA LUMPUR: UEM Group Bhd has proposed to its 69.14 per cent-owned subsidiary, UEM Edgenta Bhd
, to undertake a selective capital reduction and repayment (SCR) exercise pursuant to Section 116 of the Companies Act 2016.
It said the offer price of RM1.10 per share is for the remaining 257 million shares or 30.86 per cent
